Figure 1: 3D model showing the deeply weathered “trough” structure, host to oxide copper-gold mineralisation in the Alford Copper Belt.
HIGHLIGHTS
- ANT survey using Exosphere by Fleet® successfully delineates the weathered “trough” like structures that host oxide copper-gold mineralisation within the Alford Copper Belt (Figure 1 – 4).
- The subsurface ANT results will be integrated with historical drilling data to generate a new drilling program, targeting higher-grade oxide copper-gold mineralisation.
- Future drilling will be focused on areas with low-density contrast which have been shown to host oxidised copper mineralisation, amenable to potential In-Situ Copper Recovery (“ISCR”).
- The geophysical survey was partially funded (up to A$30,000) by the South Australian Government Accelerated Discovery Grant (“ADI”) awarded to ECL.
Photo Plate 1: Deploying sensors (Geodes) at Alford West, note the minimum surface disturbance.
This low-impact ANT survey was extremely successful in subsurface mapping, in particular delineating the weathered “trough” structures which host the oxide copper-gold mineralisation within the Alford Copper Belt; with further processing and modelling, it will potentially highlight the higher-grade mineralised zones within these structures.
The use of the ExoSphere by Fleet ® has enabled ECL to be more efficient in exploration, minimising the environmental impact and improving drilling targeting.
We look forward to updating the market as the subsurface maps are further refined with drill targets.
About EnviroCopper Limited (“ECL”)
Thor holds a 30% interest in ECL, which is a public, unlisted company, with In-Situ Recovery Copper projects at Kapunda and Alford West, South Australia. ECL manage the Alford West Project in a Joint Venture with the tenement holder Andromeda to earn up to a 75% interest in the mineral rights over metals recoverable via ISCR. (ASX/AIM announcement: 11 November 2020).
LEARN MORE ABOUT ISR (In-Situ Recovery)
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ALFORD COPPER PROJECTS
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Drilling Commences at Alford West Copper ISR Project
The drilling program comprises three water bores for hydrogeological baseline assessment, and subsequent push-pull and tracer testing as part of the first phase of In-Situ Recovery (“ISR”) Site Environmental Lixiviant Trials.
Equity Placing to Accelerate Uranium and Copper Exploration
With the addition of these funds the Company is now in a position to plan for the next phases of exploration at its’ USA and South Australian projects.
Paydirt Article (May 2024)
Thor Energy Plc is pleased to have been featured in the latest issue of Paydirt Magazine.
New 3D Model Highlights Structural Controls on Copper Mineralisation at Alford
The 3D ANT Modelling has provided significant lithological and structural insights. Combining this information with Thor’s dataset has led to an exciting new 3D Model of the Alford East Copper-REE Project, South Australia.
Alligator Energy Invests into South Australian In-Situ Recovery Copper
Thor Energy Plc is pleased to announce a strategic investment by Alligator Energy Limited into EnviroCopper Ltd (“ECL”) to further develop In- Situ Recovery (“ISR”) copper projects. Thor currently holds a 30% equity interest in ECL.
Copper Recoveries Advance In-Situ Recovery Assessment at Alford East Copper-REE Project
Thor Energy Plc is pleased to announce positive metallurgical copper recovery results, advancing Thor’s In-Situ recovery assessment of the Alford East Copper-REE Project, South Australia.